Nippon-US Steel deal gets Trump's nod: HQ to remain in Pittsburgh; 'golden share' gives US final say on key decisions

Jun 15, 2025 - 13:30
Nippon-US Steel deal gets Trump's nod: HQ to remain in Pittsburgh; 'golden share' gives US final say on key decisions

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US Steel's collaboration with Nippon Steel has received approval after national security assurances were confirmed, retaining the "golden share" benefit. Former President Trump endorsed the partnership through an executive order, following a review by CFIUS. The agreement includes significant investments in US steelmaking and job protection.

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